Tax traitors encourage false public perceptions

A practice called “inversion” is used by international oil corporations and others to avoid paying taxes in the U.S. They renounce U.S. citizenship to seek out the lowest bidder tax state to call “my country.” The president calls them unpatriotic. I call them tax traitors.

By:
Orrie Swayze , Agweek

A practice called “inversion” is used by international oil corporations and others to avoid paying taxes in the U.S. They renounce U.S. citizenship to seek out the lowest bidder tax state to call “my country.” The president calls them unpatriotic. I call them tax traitors.

These foreign oil entities are the competitors to our taxpaying Midwest corn processing industry. Corn processing is the cornerstone of our job creating Midwest economy. It is embarrassingly poor business that we allow these tax traitors to financially create two mythical public perceptions.

Editor’s note: Swayze is a founding board member and past president of ProGold fructose plant in Wahpeton, N.D., South Dakota Corn Growers and South Dakota Corn Utilization Council. He is also a founding board member of the American Coalition for Ethanol.